Category: Chiaroscuro

New economy

Everybody wants to know when the economy can reopen. In one sense, that’s the wrong question. The economy isn’t “closed.” Many essential businesses are still open. People still buy and sell things. Those sitting at home still engage in economic activity. But it is of a different nature, and the change creates costs.

So what we’re really asking is when the previously normal economy will be back. The answer is “never,” I’m afraid. We will return to something quite different and  as yet unknown.

John Mauldin

Viral Thoughts (mindmap)


Michael Crichton


Artist Point. Yellowstone. NPThere’s no doubt that emotional harm can result from being turned away from a business establishment because of who you love. But surely there is also harm when an American is forced to participate in an event that is contrary to his or her deeply held beliefs. A voluntary, market-oriented approach is the best way to reconcile the competing interests in such situations.

Manuel S. Klausner


Banff Canada (5)So, once again, to my colleagues: Stop it. Stop claiming that you or others have been “harmed,” because someone expressed a view you disagree with or which hurt your or someone else’s feelings. Stop joining social media mobs, in order to hound people out of their jobs or pressure their bosses to fire them. In fact, stop using social media altogether, when engaged in what should be careful, deliberate discussions and debates. Facebook and Twitter are great for posting pictures of your cat or telling your friends how much you loved the concert you went to last night or congratulating a couple on their wedding. They are absolutely the worst sorts of places to engage in our professional duties, which are supposed to consist of thoughtful scholarship.

Daniel A. Kaufman


Boulder Overlook, Lassen Volcanic National ParkEvery person goes through a different journey in their search for identity. Some may have a long, short or unpredictable journey. Regardless, each person reaches a dead end where it seems like there’s no light at the end of the tunnel.

Michael Li